With FY2027 guidance calling for double-digit revenue growth and 80%+ EBITDA expansion, traders should focus on quarterly execution against that outlook. Key catalysts: backlog conversion rate, debt covenant resolution, and defense spending trends.
Price Chart
Executive Summary
TechPrecision reported Q4 FY2026 revenue of $8.1M (down 15% YoY) and a net loss of $0.4M versus net income of $0.1M a year ago. Full-year revenue fell 7% to $31.6M, but gross profit increased 15% and net loss narrowed to $1.7M. Management guided FY2027 revenue of $35M-$37M (10-17% growth) and EBITDA of $3M-$4M (80-140% growth), a strong forward outlook that offsets weak reported results.
Key Financial Metrics
Key Facts
- Q4 FY2026 revenue $8.1M, down 15% YoY; net loss $0.4M vs net income $0.1M
- Full-year FY2026 revenue $31.6M, down 7% YoY; gross profit up 15% to $5.0M; net loss improved 41% to $1.7M
- FY2027 guidance: revenue $35M-$37M, EBITDA $3M-$4M; implies ~80%+ EBITDA growth
- Backlog $52.1M funded plus $25M unfunded purchase orders
- Working capital negative $0.4M; total debt $6.9M; still in debt covenant violation
Financial Impact
FY2027 revenue guidance of $35-$37M represents 10-17% growth over FY2026 actual $31.6M; EBITDA guidance of $3-$4M implies ~80-140% growth from FY2026 EBITDA of $1.646M.
Risk Factors
- Continued debt covenant violations could trigger accelerated repayment or restrict operations
- Reliance on a small number of defense customers; government budget uncertainty
- Negative working capital and high leverage limit financial flexibility
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-076403 |
| Document: tm2618463d1_8k.htm | 0001104659-26-076403 |
| Document: 0001104659-26-076403-index-headers.html | 0001104659-26-076403 |
| Document: 0001104659-26-076403-index.html | 0001104659-26-076403 |
| Document: 0001104659-26-076403.txt | 0001104659-26-076403 |
| 8-K Data (Synthetic) | 0001104659-26-076403 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 22, 2026 18w ago | 8-K | $3.82 $5.32 | ▲ +39.27% | ▲ +36.02% | $5.38 (+40.84%) |
May 18, 2026 23w ago | 8-K | $3.83 $4.84 | ▼ −26.37% | ▼ −20.08% | $5.38 (−40.47%) |
US Market Status
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